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 Post subject: Re: The Tank Tanked
PostPosted: Thu Sep 22, 2011 7:24 am 
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Curious Hair wrote:
More money flows into the Bulls than comes out. More money comes out of the White Sox than comes in. One world championship in baseball is worth more to the common owner than six world championships in basketball.

Oh, I'm sorry. I didn't know you were the CFO of those 2 teams. Obviously you must know this to be true then!!

MLB > NBA
This was never a Bulls town, it was a Michael Jordan town

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 Post subject: Re: The Tank Tanked
PostPosted: Thu Sep 22, 2011 7:29 am 
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Let's say that hypothetically that the White Sox were to have a $74 million dollar payroll instead of the $113 million dollar payroll they had. They'd actually have an operating income of $65.4 million whereas the Bulls have an operating income of $51.3 million.

Looks to me that the only reason the Sox have a lower net profit is that the salary cap is more restrictive in the NBA.

So, I guess you could say that the Bulls make more money for Jerry, but it's mostly the differences in how players are paid. The White Sox seem to be quite profitable even with a high payroll. Even if Jerry didn't own the Bulls he could easily operate the White Sox the exact same way and maybe even spend more.

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 Post subject: Re: The Tank Tanked
PostPosted: Thu Sep 22, 2011 7:34 am 
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Curious Hair wrote:
More money comes out of the White Sox than comes in.
Forbes thinks you are wrong on this. In fact, Forbes says that the Sox made $26.4 million in 2010. By the way, for reference, the Cubs made $25.5 million in 2010, which I only bring up to show what a team that is not subsidized by the Bulls is doing.

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 Post subject: Re: The Tank Tanked
PostPosted: Tue Sep 27, 2011 11:25 am 
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